Brief introduction to the spot ABS market of sinop

On May 22, 2009, China Plastics spot ABS market brief

China Plastics price index fell 1.94 deformation units mm, cm, inch points to 920.35 points, and China Plastics spot index rose 0.41 points to 989.76 points

I. upstream express:

on Thursday (May 21), the settlement price of West Texas light oil futures in July on the New York Mercantile Exchange was $61.05 a barrel, down $0.99 from the previous trading day, with a trading range of 59 $87; The July futures settlement price of Brent crude oil on the London Intercontinental Exchange was $59.93 a barrel, down $0.66 from the previous trading day, with a trading range of 58 68 dollars

Asia styrene FOB Korea closed at 892 on Thursday 5 US dollars/ton (stable trend), CFR China closed at US dollars/ton (up 7.5 US dollars). Us styrene closed at 38 6 cents/pound, the trend is stable. Europe styrene closed up $1/ton to close at $1/ton

II. Manufacturer dynamics:

Daqing Petrochemical ABS unit is in normal production, and the quotation is stable. 750A is quoted at 11350 yuan/ton. The enterprise said that the shipment in the near future was acceptable, and the overhaul will be planned in early June

Jilin Petrochemical ABS unit is in full production, and the enterprise continues to be listed for sale. 0215a is reported at 11350 yuan/ton. Recent sales are general, and the inventory is not much. The maintenance of the device is planned to start around the 25th of this month, and the time is about 2 weeks

the operating rate of ABS device of Ningbo Taihua Chemical Co., Ltd. is relatively high, ranging from 60% to 70%. The manufacturer sells generally, and the inventory is low. The external quotation is stable, 15a1 factory quotation is 11800 yuan/ton, 12a1 factory quotation is 11700 yuan/ton, and 15e1 factory quotation is 11600 yuan/ton

the operating rate of Ningbo LG Yongxing ABS device is 90%, the manufacturer's sales are normal, and the inventory is general. The reference ex factory quotation of 121h is 11800 yuan/ton, and the actual transaction is slightly lower

the operating rate of Zhenjiang Guoheng ABS device is 70%, and the ex factory quotation is flat, D180 is reported as 11700 yuan/ton, D190 as 11400 yuan/ton. The inventory is not large, and the shipment is normal

the start-up of Zhenjiang Qimei ABS plant is 40%-50%, and the public quotation is stable. 707k is quoted at 11500 yuan/ton, 757K at 11700 yuan/ton, 717ck at 11600 yuan/ton, and 749sk at 12000 yuan/ton

the price of CNPC East China ABS is stable today, with 0215a at 11600 yuan/ton and 750A at 11550 yuan/ton. CNPC South China ABS carries out pricing sales, and the current price is stable. 0215a is priced at 11600 yuan/ton, 750A is priced at 11600 yuan/ton, the manufacturer has limited sales, and some sources of goods are not much. The listing price of CNPC northeast ABS is temporarily stable, with the quotation of 0215a at 11350 yuan/ton and 750A at 11350 yuan/ton. The manufacturer's shipment is average, and the inventory is not much. The outer friction coefficient is too large

III. local market conditions:

China Plastics spot Mall (which is at the bottom of the investment fever) the quotation range of the main brand of ABS is mainly between yuan/ton, and the main brand has little change compared with the same period yesterday. Only a few brand quotations have been adjusted, with a rise and fall range of yuan/ton. A certain number of brands are allowed to be negotiated, and the delivery areas are concentrated in Yuyao, Ningbo, Foshan, Chengdu and Chongqing. Among them, abs/8391/injection grade/genuine/Shanghai Gaoqiao reported 10990 yuan/ton, abs/121h/general grade/genuine/South Korea LG reported 11200 yuan/ton, abs/hi-121h/other/genuine/lg Yongxing reported 11300 yuan/ton, abs/0215a/general grade/national standard/Jilin Petrochemical reported 11800 yuan/ton, abs/pa-757k/injection grade/genuine/Zhenjiang Qimei reported 11900 yuan/ton, abs/pa-757/injection grade/genuine/Taiwan Qimei reported 12050 yuan/ton, abs/tr-558ai/transparent grade/genuine/lg chemical reported 18600 yuan/ton, Abs/pa-765a/flame retardant grade/genuine/Taiwan Qimei news 21000 yuan/ton

Dongguan ABS market atmosphere is weak, the mentality of merchants is poor, the enthusiasm for shipping is high, and there are not many transactions. Market quotation consolidation, Jilin Petrochemical 0215a reported 10750 yuan/ton, Taiwan chemical 15a1 reported 11100 yuan/ton, Zhenjiang Qimei (it is best to buy experimental models that can set the speed) 757K reported 11200 yuan/ton, Taiwan Qimei 757 reported 11300 yuan/ton, Ningbo Chemical 15e1 reported 10650 yuan/ton, the above prices do not include tax

Shunde ABS market quotation is basically stable, the mentality of merchants is general, and the delivery of goods is blocked. The demand of end users is weak and transactions are rare. Ningbo Taihua 15a1 reported 11100 yuan/ton, Jilin Petrochemical 0215a reported 10800 yuan/ton, Zhenjiang Qimei 707k reported 10950 yuan/ton, Thailand 850 reported 11000 yuan/ton, Changzhou Xinhu ac800 reported 11000 yuan/ton, and the above prices do not include tax

the ABS market in Ningbo fell steadily, and the quotations of individual sources fell. Merchants are more active in shipping, while downstream procurement is less. 0215a offers RMB/ton, 15a1 Ning offers 11300 yuan/ton, 121h Ning offers 11400 yuan/ton, 757K offers 11750 yuan/ton, 757 offers 11900 yuan/ton, ac800 offers 11350 yuan/ton, D180 offers yuan/ton, 8391 offers 11100 yuan/ton. (the above prices are tax inclusive)

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